Kingstone Inventory Turnover from 2010 to 2024

KINS Stock  USD 15.56  0.18  1.17%   
Kingstone Companies Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 2.22 in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
3.41
Current Value
2.22
Quarterly Volatility
0.53309512
 
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Yuan Drop
 
Covid
Check Kingstone Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kingstone Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 2.4 M or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0841 or PTB Ratio of 0.63. Kingstone financial statements analysis is a perfect complement when working with Kingstone Companies Valuation or Volatility modules.
  
Check out the analysis of Kingstone Companies Correlation against competitors.
For more information on how to buy Kingstone Stock please use our How to Invest in Kingstone Companies guide.

Latest Kingstone Companies' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Kingstone Companies over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Kingstone Companies' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kingstone Companies' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Kingstone Inventory Turnover Regression Statistics

Arithmetic Mean3.56
Geometric Mean3.51
Coefficient Of Variation14.97
Mean Deviation0.36
Median3.79
Standard Deviation0.53
Sample Variance0.28
Range1.5691
R-Value(0.09)
Mean Square Error0.30
R-Squared0.01
Significance0.75
Slope(0.01)
Total Sum of Squares3.98

Kingstone Inventory Turnover History

2024 2.22
2023 3.41
2011 3.79
2010 2.32

About Kingstone Companies Financial Statements

Kingstone Companies shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Kingstone Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Kingstone Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Kingstone Companies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 3.41  2.22 

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Additional Tools for Kingstone Stock Analysis

When running Kingstone Companies' price analysis, check to measure Kingstone Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingstone Companies is operating at the current time. Most of Kingstone Companies' value examination focuses on studying past and present price action to predict the probability of Kingstone Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstone Companies' price. Additionally, you may evaluate how the addition of Kingstone Companies to your portfolios can decrease your overall portfolio volatility.